UNITED STATES

U.S. flu vaccination off to slow start, CDC says

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Vaccination against the H1N1 swine flu is off to a slow start in the United States, but states have ordered more than 2 million doses of mostly nasal spray for the first patients, a top health official said on Tuesday.
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U.S. panel to hear hybrid patent case vs Toyota

A U.S. trade panel that hears patent disputes said it would investigate allegations that Toyota Motor Corp, the world's largest automaker, infringed patented technology to make its popular hybrid vehicles.
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Santander Brasil, Verisk IPOs raise $10 billion

Mammoth IPOs by the Brazilian unit of Spanish bank Banco Santander and U.S. risk specialist Verisk Analytics Inc raised nearly $10 billion on Tuesday, almost twice the amount raised by U.S.-listed IPOs in 2009.
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Saudi king in Damascus to mend fences with Assad

Saudi Arabia's King Abdullah flew to Syria on Wednesday for talks with President Bashar al-Assad aimed at healing a rift that has aggravated Arab discord over Iran, the Israeli-Palestinian conflict and Lebanon.
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Pakistan army has serious concern on U.S. aid bill

Pakistan's army on Wednesday expressed serious concern about a U.S. aid bill that critics say contains conditions that amount to a humiliating violation of sovereignty as parliament began a debate on the U.S. aid.
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Russia: new U.S. anti-missiles less risky

Russia sees a redrafted U.S. anti-missile shield plan as less of a security threat than the previously proposed project, Russian agencies said Wednesday, which should ease tensions between the two powers.
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U.S. groups eye second Obama decision on China yuan

U.S. labor and manufacturing groups urged President Barack Obama on Tuesday to live up to his campaign rhetoric and formally label China a currency manipulator in a Treasury Department report due out next week.
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U.S. lawmakers press Obama on Afghan war strategy

President Barack Obama told congressional leaders on Tuesday his decision on a new Afghan war strategy would not make everyone happy, while Republicans urged him to heed his military commander's call for more troops.
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Iran says some countries offer it nuclear fuel

President Mahmoud Ahmadinejad said on Wednesday that some countries had offered to provide Iran with uranium enriched to 20 percent for use as nuclear reactor fuel, the official IRNA news agency reported.
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Ciena bids $521 million for Nortel ethernet assets

Canada's Nortel Networks said on Wednesday it has agreed to a stalking horse offer from U.S. network specialist Ciena Corp to buy its optical networking and Internet infrastructure businesses for $521 million.
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Swiss reject Polanski appeal over arrest

Swiss authorities rejected an appeal on Tuesday to release from jail Roman Polanski, the film director arrested last month after fleeing the United States in 1978 to avoid sentencing in an underage sex case.
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Barclays mulls major wealth management deal

British bank Barclays could acquire a wealth management business at least the size of Julius Baer to meet its target of ranking in the top five private banks globally, Barclays Wealth's vice chairman said on Wednesday.
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Afghan Taliban say they pose no threat to the West

The Afghan Taliban pose no threat to the West but will continue their fight against occupying foreign forces, they said on Wednesday, the eighth anniversary of the U.S.-led invasion that removed them from power.
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Daily Outlook - Oct 7

Keep Supporting, says Hoenig; Retailers Results Beat Views; Mortgage Apps Up Again
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Mortgage applications surge to 4-month high

U.S. mortgage applications surged last week to their highest since mid-May as consumers sought to take advantage of the lowest interest rates in months, data from an industry group showed on Wednesday.
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Oil rises to around $71 as demand seen recovering

Oil prices rose for the third straight day on Wednesday, to about $71 a barrel, after an industry report showed a drawdown in U.S. crude inventories and gave support to the view that demand was recovering.

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